MCX Tips and Trend Today
Crude
Oil Trend Today :- Crude Oil is still traded on edge. MCX crude
oil is up nearly 0.5% despite of strong Rupee. U.S. Energy Department
report is coming today. American Petroleum Institute said last week
United States crude oil supply has decreased nearly 18 million
barrels. NYMEX Crude Oil $ 85 and Brent crude are trading around $
100. Crude
oil June Futures Buy - 4690, Stoploss - 4640, Target – 4780.
Gold
and silver is also looking strong but Gold and silver futures trading
has been declining. MCX Gold is trading around Rs 30 100 with
strength of 0.25 and silver is 1 % up close to Rs 55,000.
Gold
August Futures Sell – 30150, Target - 29 950, Stoploss - 30 220.
Silver
July Futures Buy - 54500, Stoploss - 54 200, Target – 55200.
MCX
Copper Tips :- Base metals are traded on edge today. MCX Base
metals is to see 0.5-1% fast. Copper is trading at Rs 409.10 With
0.8% faster. Copper June Futures Buy – 407.50, Target – 413.20 ,
Stoploss - 404.50.
NCDEX
Tips :- Turmeric is picked up today. spot market Turmeric
trading is weak. Chana is also traded on edge. spot market Chana
price has increased about 25 bucks today. In Delhi Chana is more
inward today. Turmeric July Futures Sell - 3670, Stoploss –
3705, Targets – 3520 - 3470.
